Utah Real Estate Trends - Tooele County Home For Sale Statistics for First Half of 2010

Tooele County home prices are down by 8% from last year. Homes sales are up in 2010 by 43 more homes sold for the first six months compared to the same period a year ago. The average sold price for a Tooele County home was $173,732. Current homes listed on the market for sale constitute 10 months of inventory. Tooele County homes that sold during the first half of the year averaged $72.04 per square foot, nearly $35 less a square foot than the state average. It is taking just under 3 months to sell a home that is market priced.

Tooele County condominiums are selling for an average of $108,491, nearly $94,000 less than the state average. Condo prices are $65,000 less on average than single family home prices. However, only 6 condos have sold in the county so far this year!  It takes an average of 39 days more to sell a condo than a single family home.

Conclusion:  With average property prices below $75 per square foot, Tooele offers bargain hunters some great opportunities. With Erda and Stansbury Park just minutes from Salt Lake City, the low prices are well worth the commute for many.

Tooele County Homes For Sale Statistics for First Half of 2010